McNally Bharat wins orders from Power Grid

The company has received two orders worth Rs61.43cr from Power Grid.

Jun 05, 2018 04:06 IST India Infoline News Service

McNally Bharat Engineering Company
Mcnally Bharat Engineering has received two orders from Power Grid Corporation of India relating to work of supply of goods contracts for substation package worth of Rs35.17cr and supply of service contracts for substation package worth of Rs15.30cr.

The details of order are given below:
(A) Supply of Goods Contract for Substation Package-SS01 for extension of (i) 765kv Ranchi S/S and (ii) 400KV Subhashgram S/S under Power Grid work associated with Eastern Region Strengthening Scheme XVII.

(B) Supply of Service Contract for Substation Package- SS01 for extension of (i) 765KV Ranchi S/S and (ii) 400KV Subhashgram S/S under Power Grid work associated with Eastern Region Strengthening Scheme -XVII.

The stock ended 4% lower on the BSE. The scrip opened at Rs43 and has touched a high and low of Rs43 and Rs41.20 respectively.

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